HK's Wharf Holdings eyes expansion on mainland

Hong Kong conglomerate Wharf Holdings is looking to expand its success on Chinese mainland this year.

Wharf opened the Chengdu International Finance Square last year, a plaza including a shopping mall, hotel, and apartments, with a total investment of 16 billion yuan, or 2.5 billion US dollars.

The new plaza has seen a four-fold growth in operating revenue, and the foot traffic in the shopping mall has more than doubled last year.

Following its successful model of Harbour City in Hong Kong, the developer will start a series of projects on the mainland in Wuxi, Chongqing, Suzhou and Changsha in the coming two years.